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Foreclosure Homes in Georgetown, DE

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Georgetown, DE Foreclosures

How much do homes sell for in Georgetown, DE?
The average home price is currently $379,019.
In Georgetown, DE, how many homes are available?
There are currently 21 active home listings available in Georgetown.
What’s the average rental cost in Georgetown, DE?
The average rental price in Georgetown is $1,449.
What is the most expensive home in Georgetown?
The most expensive home sold in Georgetown had a price of $5,119,631.
What is currently the cheapest priced home in Georgetown, DE?
The cheapest home for sale in Georgetown is priced at $10,609.

Living in Georgetown, DE

Georgetown, DE, is a quaint town known for its friendly atmosphere and community events. It features beautiful parks, local shops, and restaurants, making it an appealing location for families and retirees alike. Its central location in Sussex County provides convenient access to beaches and larger towns.

Current Market Conditions in Georgetown, DE

The real estate market in Georgetown has seen steady growth over the past year, with an increasing number of buyers looking for homes in charming small towns. The blend of rural and suburban living coupled with accessibility to beaches makes Georgetown desirable for a variety of buyers.

In recent months, Georgetown's market has remained competitive with a slight increase in home prices due to limited inventory and strong demand. Buyers are becoming more specific in their requirements, leading to quicker transactions and, in some cases, bidding wars on desirable properties.

Home Value Estimator For Georgetown, DE

There are currently 7,064 real estate properties in Georgetown, DE, with a median automated valuation model (AVM) price of $340,195.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Georgetown, DE, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Georgetown, DE, is $379,019.00, with the most expensive house in Georgetown, DE, topping out at $5,119,631.00 and the cheapest home in Georgetown, DE, clocking in at $10,609.00. In other words, there’s something for every potential homebuyer or savvy investor in Georgetown, DE!

Rent Prices In Georgetown, DE

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Georgetown, DE, is on a rollercoaster ride. The average rent price in Georgetown, DE, is $1,449.00. Indeed, when looking to rent in Georgetown, DE, you can expect to pay as little as $990.00 or as much as $2,940.00, with the average rent median estimated to be $1,440.00. The good news is that finding an affordable and desirable property to rent in Georgetown, DE -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Georgetown, DE Foreclosures


Market Trend for Georgetown, DE

Total Listings Available: 21

Market Values:

Home Prices from $10,609 to $5,119,631

Average Sales Price: $379,019

Rental Values:

Rental from $990 to $2,940

Average Rent Value: $1,449 / month

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